Payments Dive

DECEMBER 7, 2023

Jettisoning Venmo from the retail juggernaut’s marketplace is another strike against PayPal’s recent growth efforts.

Retail 415

Retail 415

CFPB Monitor

DECEMBER 7, 2023

The Office of the Comptroller of the Currency (OCC) has issued a bulletin (2023-37) that provides guidance on managing risks associated with “buy now, pay later” (BNPL) lending. The BNPL loans addressed in the bulletin are loans that are payable in four or fewer installments and carry no finance charges. The bulletin cautions banks about the risks to banks and consumers associated with BNPL lending. .

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Lending Management 167

Payments Dive

DECEMBER 7, 2023

The digital payments company replaced one director and added another, increasing the representation from Sequoia Capital entities, a trade publication reported.

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Report Capital Payments Company 221

Gonzobanker

DECEMBER 7, 2023

It’s time for banks and credit unions to finally execute those C&I lending priority initiatives. Senior bank and credit union executives have ranked commercial and industrial (C&I) loans as a top lending priority over the past several years in Cornerstone Advisors’ annual What’s Going On in Banking research. But further analysis shows the execution is not measuring up.

Lending 121

Lending Analysis Strategy Management 121

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Join us in this webinar, where we share best practices on how to think about the reconciliation work each month, when best to do reconciliations, how they should be prepared, and some common pitfalls to avoid. Learning Objectives: This course objective is to understand how to properly prepare and review balance sheet reconciliations and its impact on the financial statements.

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Payments Dive

DECEMBER 7, 2023

The payments processor has hired an enterprise growth officer who will zero in on M&A, strategy and ventures for the company.

Strategy 221

Strategy Payments Company 221

CFPB Monitor

DECEMBER 7, 2023

The CFPB has released its Fall 2023 rulemaking agenda as part of the Fall 2023 Unified Agenda of Federal Regulatory and Deregulatory Actions. The agenda’s preamble indicates that “[t]he Bureau reasonably anticipates having the regulatory matters identified [in the agenda] under consideration during the period from November 2023 to October 2024.”.

Cards 78

Cards 78

ATM Marketplace

DECEMBER 7, 2023

WWS Fill4Me is the solution that extends the bank's operations to unstaffed channels such as self-service devices including ATMs, advanced ATMs and ASSTs.

ATM 109

ATM Operations 109

CFPB Monitor

DECEMBER 7, 2023

This two-part podcast repurposes our most recent webinar on the latest salvo of actions in the Biden Administration’s initiative directed at combatting so-called “junk fees.” Launched in January 2022, the initiative shows no signs of abating. In Part I, we first review the background of the initiative, the range of fees the Administration has labeled “junk fees,” and discuss the Administration’s focus on competition and its related guidance and directives to federal agencies. .

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Industry 78

Jack Henry

DECEMBER 7, 2023

Discover the impact of Jack Henry™ Connect 2023: Building relationships in banking tech, fostering trust, collaboration, and empowerment.

Innovation 88

Innovation Technology 88

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Treasury teams at community banks face an ongoing challenge of delivering frictionless customer experiences as they support treasury products – especially RDC. This infographic focuses on the efficiencies community banks gain when partnering with a proven managed services provider. You’ll see the advantages you can gain when a managed services partner leverages online tools, skilled customer and technical support personnel, and fulfillment and logistics capabilities to streamline RDC fulfillment

Community Bank

American Banker

DECEMBER 7, 2023

Only 111 credit unions currently use The Clearing House's real-time payments platform, out of nearly 5,000 nationwide, but having the world's largest credit union in the system could lead more to join.

System 87

System Payments 87

BankInovation

DECEMBER 7, 2023

Goldman Sachs is looking to generative AI for developer assistance, including coding purposes, and for lead generation among client-facing operations, Chief Financial Officer Denis Coleman said during Goldman Sachs 2023 U.S. Financial Services Conference on Tuesday.

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Conference Operations 74

American Banker

DECEMBER 7, 2023

Banks and fintechs are coming together to help older customers with a variety of needs, from avoiding financial exploitation to planning for the future.

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Fintech Fraud Technology 95

BankInovation

DECEMBER 7, 2023

The UK has started consulting on its proposals to oversee the cloud computing and data analytics services that banks depend on, a push that could see parts of firms like Amazon.com Inc., Alphabet Inc. and Microsoft Corp. come under the remit of the country’s financial regulators.

Regulation 72

Regulation Analytics Data Technology 72

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Amid market uncertainty, banks and credit unions are faced with critical decisions about the future of their commercial lending. With fluctuating interest rates and rising competition from non-bank lenders, it's critical to allocate your 2025 budget strategically to optimize lending operations. Our Budget Playbook for Commercial Lenders delivers key strategies to help you navigate these challenges, ensuring your institution is well-positioned for the coming year.

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American Banker

DECEMBER 7, 2023

A provision to standardize and clarify banks' operational risk obligations — which opponents say is excessively costly and may not be effective — is emerging as the focal point of the public debate on the broader rule. It may also be the key to taking the rule over the finish line.

Operations 90

Operations Capital Policies Compliance 90

BankInovation

DECEMBER 7, 2023

NatWest’s generative AI team is looking at hundreds of applications for the technology throughout the bank, and categorizing the use cases is part of the strategy.

Strategy 72

Strategy Technology 72

American Banker

DECEMBER 7, 2023

Leaders of the Dallas-based crypto services platform BankSocial hope to further decentralized finance concepts throughout the industry by using distributed ledger technology to support the proposed Defy Federal Credit Union's offerings of a deposit account and cryptocurrency services.

Dallas 78

Dallas cryptocurrency Industry Technology 78

William Mills

DECEMBER 7, 2023

The fintech industry has many events, but what makes a show really stand out? The organizers of Fintech Meetup have nailed the answer to this question. The first edition of Fintech Meetup was described as “the best fintech show of the year”, “the best event for creating new opportunities” and “the industry’s newest and coolest event”, among other superlatives.

Fintech 52

Fintech Industry 52

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With automation, you’ll reduce errors and save valuable time, allowing you to focus on what really matters: strategic analysis and insightful decision-making. Picture accurate financial reports ready at your fingertips, giving you the confidence to tackle business challenges head-on. Embracing automation not only boosts productivity but also elevates your role from number cruncher to closing rockstar.

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American Banker

DECEMBER 7, 2023

The multiple potential applications of generative artificial intelligence to the financial services industry are a huge opportunity — for the institutions prepared to adapt.

Industry 78

Industry Data Management Technology 78

The Paypers

DECEMBER 7, 2023

BearingPoint has conducted a survey in seven European countries, concluding that cash is the most used payment method overall and contactless debit cards come second.

Survey 54

Survey Payments Cards 54

American Banker

DECEMBER 7, 2023

The Georgia-based bank says it's expanding its relationship with GreenSky, a home improvement lender that Goldman Sachs bought in 2022 but put up for sale a year later. The deal will bring a one-time revenue boost and a recurring fee income stream.

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Georgia Lending 74

The Paypers

DECEMBER 7, 2023

Flutterwave has secured 13 new money transmission licences in the US in order to optimise the process of transferring funds between Africa and the US for its customers.

US 45

US Security 45

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Download the latest edition of GoDocs' "The Lender's Guide to Automating the Complex Loan." This comprehensive guide offers financial institutions valuable insights into document automation for complex commercial loans. It unpacks the intricacies of complex loans and showcases how an automation platform like GoDocs — the leading commercial loan closing platform — delivers impressive benefits and ROI to any FI.

Lending

American Banker

DECEMBER 7, 2023

Top industry executives said this week that price increases are abating, even if they haven't yet fully abated. Their remarks reflect increased confidence that the Federal Reserve will hold interest rates steady — or perhaps even cut them — in the first half of 2024.

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Industry 56

The Paypers

DECEMBER 7, 2023

PayQuicker has announced the official launch of its Deals and Offers program for all account holders in the US.

US 57

US 57

American Banker

DECEMBER 7, 2023

The e-commerce giant will no longer support the P2P app as a payment option, despite PayPal's long-established hopes for a valuable relationship.

Payments 65

Payments 65

The Paypers

DECEMBER 7, 2023

Currencycloud has announced its partnership with BriskPe in order to provide India-based micro and small businesses with multiple cross-border payment options.

Payments 45

Payments 45

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Change is difficult, whether in our private or work life. However, without change, growth and learning are difficult not to mention keeping up with the market and staying competitive. We have all worked for or ourselves are the bosses that prefer to keep the status quo. We will discuss how to address the "change challenge" to enable you to be a changemaker and a graceful recipient of change.

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